Tottenham boss Harry Redknapp believes clubs will want to cut their wage bills when the transfer window opens, raising hopes of bringing players to White Hart Lane on loan.
Redknapp wants to strengthen his squad but insists Spurs will not pay over the odds for players.
"I think British clubs will loan players out, with the current situation they will look to get players off their wage bill," Redknapp said.
"I've discussed it with the chairman but we haven't actually made a bid for anybody. One or two players that we mentioned, people were talking crazy prices for that we certainly wouldn't be willing to pay," he added.
"If we can't get the players I think will improve the squad, then I won't bring in anybody. I'm not going to load us up with players that aren't better than we've got."
Redknapp was linked with a move for Steve Finnan but Espanyol want to keep the full-back with them in Spain.
Bordeaux striker Fernando Cavenaghi may be available, with the player's agent suggesting Spurs are interested in the 25-year-old Argentina international.
Rodrigo Vilarino told France Football magazine: "Fernando is disappointed by the lack of regular action.
"Tottenham made an approach but a concrete offer hasn't been made for the moment."
Redknapp insists he has not made an inquiry for Fulham's Jimmy Bullard, who he signed for £30,000 from non-league Gravesend and Northfleet when at West Ham - the type of bargain he is looking for next month. Bullard is expected to be in the Fulham side that travels to Spurs on Boxing Day.
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